Commercial Lines
Allstate Dives Deeper into Commercial Drone Research
Allstate said it has taken two strategic steps designed to advance its use of commercial drones for property claims. The property/casualty insurance giant said it has teamed with EagleView ...
What It’s Like to Work for Warren Buffett
Only about a dozen chief executives in the insurance industry can answer the question suggested by our headline. For the rest of us who can only imagine it, a recent analysis by two researchers ...
VW Scandal Fallout: Automaker Creates U.S. Diesel Emissions Claims Program
Volkswagen of America said it is creating an independent claims program for the owners of nearly 600,000 diesel vehicles that emit up to 40 times legally allowable emissions. The German automaker ...
Zurich Will Pay Up to $1.05B for Wells Fargo Crop Insurer
Zurich Insurance Group AG agreed to buy a Wells Fargo & Co. crop-insurance business for as much as $1.05 billion as the Swiss company puts to work excess cash left over from a separate takeover ...
Scottsdale Insurance’s Miller Departs to Lead Parent Nationwide’s Venture Arm
Michael Miller, the longtime president and chief operating officer of Scottsdale Insurance Co., has quietly moved onto a new executive role with corporate parent Nationwide where he'll manage and ...
ACE Beefs Up Product Recall Insurance Options
ACE Group said it beefed up and tweaked its product recall insurance offerings, a move intended to help benefit customers in areas including consumable products, consumer goods and component part ...
Allied World Debuts Division Focused on Global Crisis Management Coverage
Allied World Assurance Company Holdings AG established a new division focused on coverage for global crisis management. Five executives – four chosen from within Allied World – will run the ...
Wells Fargo Renews Quest for Insurance Brokerage Acquisitions
Wells Fargo & Co is restarting efforts to expand its insurance brokerage business through acquisitions after previously announced M&A aspirations did not pan out. Laura Schupbach, evp and ...